Industry Code: 62700
Scrap and salvage dealers take or buy just about anything composed of metal which can be salvaged. Dealers will salvage metals such as steel, iron, cast iron, brass, aluminum, copper and lead. This is the initial stage of the recycling industry and dealers will sell salvaged material as feedstock to foundry or other manufacturing operations.
Operation Details:
Metal sources can include such items as structural, reinforcing or fabricated metal, old stairways, piping, tubing, boilers, tanks, vessels, canisters, beams, angle, channel iron, cars, trucks, radiators, appliances, duct work, electric wire, etc.
Metals can either be delivered to the dealer or the dealer may provide a pick up service. The dealers will often have containers for pick up at construction sites, fabrication shops, auto garages and auto body shops. Services can include on-site car crushing.
The emphasis is on the salvage of scrap metal in a manner other companies or individuals are not equipped to handle. Main activities include pick up, receiving, sorting and preparing metals for shipment. Preparation can include cutting, shredding, compacting and even some melting operations.
Equipment used in this industry includes loaders, crushers/compactors, mobile compactors, tractor-trailer units, site containers, overhead cranes, overhead magnets, welding/cutting torches, brakes, shears, metal saws, pipe cutters, etc.
Underwriting Considerations:
Employers in this industry may have membership with Canadian Association of Recycling Industries.
Businesses in this industry may be engaged in the sale of new metal products - particularly pipe, structural steel and angle iron. This does not warrant a separate industry when done in conjunction with a scrap and salvage operation.
Although this industry will require some preparation, packaging or processing prior to sale, it does not include any fabrication or end product manufacturing operations.
The collection of recycling material other than metal is classified in industry 27400. Municipal waste collection as a utility function is classified in industry 57901.
Industry Custom Pricing: Waiving Cost Relief Option
This industry has chosen to participate in Industry Custom Pricing effective January 1, 2010. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.
Premium Rate History:
Activities:
Junk and Scrap Metal Dealers
Salvage Dealers (Metal)
Scrap Metal and Salvage Dealers
Rate Group History:
This rate group has not had any changes since major restructuring began in 1990.
Scrap and salvage dealers take or buy just about anything composed of metal which can be salvaged. Dealers will salvage metals such as steel, iron, cast iron, brass, aluminum, copper and lead. This is the initial stage of the recycling industry and dealers will sell salvaged material as feedstock to foundry or other manufacturing operations.
Premium Rate History:
Activities:
Junk and Scrap Metal Dealers
Salvage Dealers (Metal)
Scrap Metal and Salvage Dealers
Operation Details:
Metal sources can include such items as structural, reinforcing or fabricated metal, old stairways, piping, tubing, boilers, tanks, vessels, canisters, beams, angle, channel iron, cars, trucks, radiators, appliances, duct work, electric wire, etc.
Metals can either be delivered to the dealer or the dealer may provide a pick up service. The dealers will often have containers for pick up at construction sites, fabrication shops, auto garages and auto body shops. Services can include on-site car crushing.
The emphasis is on the salvage of scrap metal in a manner other companies or individuals are not equipped to handle. Main activities include pick up, receiving, sorting and preparing metals for shipment. Preparation can include cutting, shredding, compacting and even some melting operations.
Equipment used in this industry includes loaders, crushers/compactors, mobile compactors, tractor-trailer units, site containers, overhead cranes, overhead magnets, welding/cutting torches, brakes, shears, metal saws, pipe cutters, etc.
Underwriting Considerations:
Employers in this industry may have membership with Canadian Association of Recycling Industries.
Businesses in this industry may be engaged in the sale of new metal products - particularly pipe, structural steel and angle iron. This does not warrant a separate industry when done in conjunction with a scrap and salvage operation.
Although this industry will require some preparation, packaging or processing prior to sale, it does not include any fabrication or end product manufacturing operations.
The collection of recycling material other than metal is classified in industry 27400. Municipal waste collection as a utility function is classified in industry 57901.
Industry Custom Pricing: Waiving Cost Relief Option
This industry has chosen to participate in Industry Custom Pricing effective January 1, 2010. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.
Rate Group History:
This rate group has not had any changes since major restructuring began in 1990.